AtlantaRecruiter Since 2001
the smart solution for Atlanta jobs

Fund Accounting & Administration, VP

Company: State Street.
Location: Atlanta
Posted on: August 3, 2020

Job Description:

The Fund Controller Group (FCG) is responsible for the compilation, analysis and reporting of performance investment data for global private equity and real assets funds and affiliated funds. The FC Group is part of the Real Assets Fund Administration Services team within the State Street Global Services' Alternative Investment Solutions division. The department is located in the Atlanta office. The FC Group is responsible for providing our clients and their investors with annual and quarterly financial reports, management, acquisition and other fee calculations, investor capital notices, fund, investor, and investment return calculations as well as various other investor reports requested. The team has an in-depth knowledge of the various fund structures, investor LP agreements, financial reporting, investment make-up, and investor base of our clients' funds. This subject matter expertise is utilized to provide customized reporting and response to inquiries from our clients and their investors. FCG is responsible for preparing and analyzing key statistical data used in both client management and investor reporting. Types of reporting include:

  • Executive Management Reports & Analysis
  • Annual and Quarterly Financials
  • Pro Forma and Budgeted Financials
  • Ad Hoc Investor-Specific Reports and Analysis
  • Management Fee and Acquisition Fee Calculations and Letters
  • Funding and Investment Contribution/Distribution Notices
  • Foreign Currency Exchange Transactions and Cash Management Transactions
  • Investor/Consultant Reporting FCG is part of a growing and innovative group within State Street. Third party administration, while standard practice in the PE/Hedge industry, is just taking off in the real estate industry. Through continuous interaction with client executive management and the IT department, our goal is to develop systems and business processes to prepare and fund administration services in an accurate, quality, and timely manner. FCG is very process-driven to ensure the highest quality in our performance reporting; however we operate in an extremely dynamic environment. We work under tight deadlines, and we strive on our ability to work in a team environment. We prepare quarterly and annual financials, management, incentive, acquisition and other fee calculations (ensuring they are in accordance with various legal agreements and investment contracts). Calculate fund and investor returns as well as projected investor cash flows. We respond to various ad hoc requests from client senior management, investors, and consultants and also prepare investor capital call and distribution notices. In this capacity, FCs have high exposure to current issues affecting the real estate funds and investors. Job Description: This is a senior level management role within the Real Estate Fund Services Business Unit of the State Street Alternative Investment Solutions Group. The position interacts with all levels of professionals both internally and externally and with senior level executives of State Street. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of managing multiple and diverse assignments. The position is responsible for managing departments experiencing significant growth. Responsibilities include but are not limited to:
    • Provide overall direction to reporting line managers and staff to assure synchronized teamwork that accomplishes yearly and quarterly financial and operational goals and objectives.
    • Responsible for development and execution of overall business plans both internally and in partnership with clients.
    • Manage relationships with clients at appropriate levels to ensure continued confidence in State Street.
    • Manage relationships with key client contacts ensuring expectations are met and client satisfaction with the level of service received.
    • Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed within department.
    • Responsible for the direction and training of reporting line managers and staff. Address employee concerns.
    • Review and approve all transactions (money movement; trades; etc.) in accordance with established guidelines.
    • Provide support for and effectively communicate broad overall company initiatives and goals to managers and staff within span of control.
    • Responsible for developing department budget and staffing projections. Completes staffing proposals for newly awarded business.
    • Monitors and approves department expenses.
    • Assess operational effectiveness and make suggestions to streamline functions.
    • Develop ideas for new products and services to expand business opportunities and better meet client needs.
    • Participates in new business process including review of proposals, prospect presentations, staffing allocations, etc.
    • Represent the organization internally and externally as a senior level executive of State Street.
    • Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals.
    • Allocates and coordinates resources including staff allocation, space and procurement of necessary equipment.
    • Spearhead special projects and serve on committees and task force assignments.
    • Provide leadership in areas outside of the division. During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures. Minimum Qualifications:
      • Bachelor's degree required with preference for Accounting majors
      • 15 or more years of previous accounting and/or financial service operations experience, including 3+ years of managerial experience with large teams.
      • Financial reporting experience required.
      • Advanced Excel skills (advanced formulas, pivot tables, vlookup) Preferred Qualifications
        • Relevant experience in the real estate industry is a plus.
        • Working knowledge of MRI, Oracle Financials, Yardi, or Investran is a plus.
        • CPA or CPA candidate preferred.
        • MBA preferred. For further information, and to apply, please visit our website via the "Apply" button below.

Keywords: State Street., Atlanta , Fund Accounting & Administration, VP, Accounting, Auditing , Atlanta, Georgia

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Accounting, Auditing Jobs

Tax Senior Associate - Real Estate
Description: Tax Senior Associate - Real Estate br br br br br br br br Opportunity ID br br 2397 br br br br Department s br br br br Tax br br br br Location s br (more...)
Company: CohnReznick
Location: Atlanta
Posted on: 08/9/2020

Remote Tax Associate
Description: Overview If you---re a highly motivated individual with a business background and excellent communication skills, we need you to help our customers complete their taxes using TurboTax. You---ll advance (more...)
Company: Intuit
Location: Athens
Posted on: 08/9/2020

Remote Tax Senior
Description: Remote Tax Senior Compensation:-- 45 - 55 / hour Location:--Remote Duration:--2-3 months this role would be during the Fall 2020 tax busy season. Preferably that would include hours from July until (more...)
Company: Beech Valley
Location: Columbus
Posted on: 08/9/2020

Business Opportunities - Franchise Owner
Description: Own A Franchise40 BUSINESS CATEGORIESPROVEN BUSINESS MODELSFIND OUT HOW BUSINESSOWNERS CAN EARN MOREHave you ever thought about owning your own business If so, now is the perfect time to look into franchise (more...)
Company: WilliamsonHeckt
Location: Atlanta
Posted on: 08/9/2020

Assurance Senior Associate - Real Estate
Description: Assurance Senior Associate - Real Estate br br br br br br br br Opportunity ID br br 1838 br br br br Department s br br br br Assurance br br br br Location (more...)
Company: CohnReznick
Location: Atlanta
Posted on: 08/9/2020

Credentialed Tax Expert - CPA
Description: Overview If you are a highly motivated individual with an active unrestricted credential CPA/EA/Practicing Attorney and excellent communication skills, we need you to help our customers complete their (more...)
Company: Intuit
Location: Gainesville
Posted on: 08/9/2020

Financial Professional - GA, Atlanta (2789)
Description: Equitable Advisors is currently seeking someone to join our team as a Financial Professional. As a Financial Professional, you will: br ul br br br li br Analyze financial information obtained (more...)
Company: Equitable Advisors
Location: Atlanta
Posted on: 08/9/2020

Senior Product Manager OnePlace for Finance Product Interoperability and Analytics
Description: Senior Product Manager - OnePlace for Finance Product Interoperability and Analytics br br Intapp is headquartered in Palo Alto, California but the right candidate could be based anywhere in the U.S. (more...)
Company: Intapp
Location: Atlanta
Posted on: 08/9/2020

Postal Clerk
Description: POSTAL CLERKNO EXPERIENCE REQUIRED - PAID TRAINING PROVIDED - JOB SECURITYThe Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nearly (more...)
Company: USA Labor Services
Location: Peachtree City
Posted on: 08/9/2020

Tax Reviewer - Tax
Description: OverviewAyco's National Tax Group supports clients in tax preparation and dispute resolution provides targeted advice pertaining to federal and state tax compliance. br br Ayco's National Tax Group (more...)
Company: Ayco, A Goldman Sachs Company
Location: Atlanta
Posted on: 08/9/2020

Log In or Create An Account

Get the latest Georgia jobs by following @recnetGA on Twitter!

Atlanta RSS job feeds